A Short Note On Elastic And Inelastic Traffic

1422 WordsMay 23, 20166 Pages

Elastic and Inelastic Traffic
In this day and age, the design of networks can puzzle some individuals. In fact the naming of the devices within a network can be very daunting if someone takes into account that everything can be named within a network or internetwork. This might include items such as workstations, printers, servers, switches, routers, mobile devices, and tablets. A great designed and executed naming style could easily permit the users the ability to browse with ease and connect to these pieces of equipment by name. Each device’s name is the beginning of the variables that need to be checked into, and also the network address. The different ways that are discussed within this paper apply to being able to map an address with its name and varies from both static host files and dynamic domain name systems (DDNS) (Mitchell, 2015). Unlike DNS that simply functions with static IP addresses, DDNS is also created to support dynamic IP addresses, like those that are appointed by a Dynamic Host Configuration Protocol (DHCP) server (Mitchell, 2015). The utilization of dynamic name resolution methods are at many times the best decision. The naming method that is chosen must be constant all over the network and names need to be unique, significant, and small. This naming method will also allow a user to look for and identify names that are assigned to the devices.
Development of an Addressing and Naming Model
Within the scenario given, the organization is made up of ten

gas stations which are located in prime spots are one of the most busiest places as compared to the stations located in less strategic or odd locations. Strategic location means it should be in close proximity of heavy traffic, or major highways, or it could also be at the high traffic cross-roads in urban, suburban or rural areas. Now if a gas stations is located in areas like universities or schools, where motor vehicle driving is not a major or primary way of commuting, the demand for gasoline in

often omitted because price elasticity of
demand is presumed to be negative. If Ed = 0, it is perfectly inelastic, a change in price does not
affect the quantity demanded. If 0 >Ed
>-1, it is relatively inelastic, the quantity demanded does
not increase at the same rate the price falls. If Ed = -1, there is unitary elasticity, both price and
demand change equally. If -1>Ed, it is elastic, demand increases more than the fall in price. It is
presumed that the changes in price are small. If

firm’s services decreases.
This may increase certain consumer’s demand especially for those elastic consumers who does not need reliable and connectivity at all times. Microeconomics explains this concept as the demand elasticity for a service. For those consumers who do not care about the price change, their demand is regarded as price inelastic while those who are price sensitive is regarded as price elastic.
Another factor that must be considered is the price or cost to the consumer known as the

airlines is high, the passengers can switch over from one airline to another (Econ FAQs, 2007). They can substitute the lower cost airlines for the higher cost and so the price elasticity is high. On the other hand non-competitive routes have an inelastic demand. The article quoted below gives the example of the route between Charleston, WV and Atlanta that has a fare of $1,000 (Jerram, 1998).
In general it is difficult to substitute air travel. The other modes of transport like roadways and

adversely affects agriculture
• Climate change can in turn affect the quantity and quality of the harvest of agriculture produce. The changing climate conditions lead to wider fluctuations in supply, since supply of agriculture products is price inelastic, this has led to instability in the prices of agriculture products causing the income of the farmers to fluctuate more severely. Thus, climate change has significant impact on the agriculture sector.
• However, the government often adopts policies

or reduced in frequency. In turn this has resulted in excess demand on market segment which are inelastic. But for consumers, particularly in Airline industry, brand loyalty is an important aspect of their selection. Some consumers may switch brand as a result, thus firms may suffer a longer term consequences even though the local economy is picking up now.
In the market segment, which is elastic, quantity demanded was down in view of consumers' income level or unemployment, therefore the strategy

disagree on the obesity tax. Libertarians would say that people can decide what is best for themselves - whether to consume high calorie food - and do not need prodding from the government. In contrast, social democrats might argue that people are too short sighted to know what is good for them, so that government-provided inducements are appropriate.
4.
a. If the size of government is measured by direct expenditures, the mandate does not directly increase it. Costs of compliance, however,

affecting pricing decisionInternal factors influencing pricing decisions1. Marketing influencing pricing decision
Survival – Companies troubled by too much capacity, heavy competition, or charging consumer wants set survival as their objective. In short run, survival is more important than profit. Hotels often use this strategy when the economy slumps
Current profit maximization – many companies want to set a price that will maximize current profits. They estimate what demand and costs will be

are price elastic are responsive to price changes. In this case, price has been
increased by 20 per cent, from $5 to $6. However, the change in demand has been even greater.
Demand fell by a massive 50 per cent. This is what would be expected for goods with elastic
demand. A change in price brings about an even bigger percentage change in demand.
Question 2:
(a)
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•
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12
The value of price elasticity for product A is –0.4. It is less than –1 and therefore price inelastic.
The value